Ralph Lauren Corp (NYSE: RL) has reported earnings for its second fiscal quarter (ending September 30) of $2.36 versus $2.24 for the same period a year ago — an increase of 5%. For the latest four quarters through September 30, E.P.S. were $10.69 compared to $7.99 a year ago — an increase of 34%.
Recent Price Action
Ralph Lauren Corp (NYSE: RL) stock closed at $221.70 on 11/7/24 after a very large increase of 6.6%. Moreover, trading volume in this advance was exceptionally high at 262% of normal. The stock has risen 9.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RL is expected to continue to be a major Value Builder.
Ralph Lauren has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Ralph Lauren has a poor Appreciation Score of 19 but a slightly positive Power Rating of 63, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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